Welcome to Mylowesbenefits.com, the ultimate destination for Lowes employees to access all their employee benefits information in one place.
As a Lowes employee, you’ll enjoy access to many benefits and perks that range from retirement and healthcare to discounts for employees and career advancement opportunities.
My Lowes Benefits is a comprehensive program that offers various benefits to Lowes employees.
Access Mylowesbenefits Employee Login Portal
- Firstly Visit this link www.mylowesbenefits.com.
- After clicking on the link above, you will be taken to the MyLowesBenefits login page.
- Afterward, enter the Password and register your username along with your Password in the spaces provided.
- Then, click the Login button.
- You’ll be logged into Your MyLowesBenefits account if your credential is correct.
How To Change My Lowe’s Benefits Login Password?
- Firstly visit Official Website.
- In the login section and choose option forgot user Identification option or password option.
- It is necessary to enter the SSN’s last four digits and the date of birth in the provided fields.
- Alter fill in all the information. If you want To continue, click To continue.
- This is the method to reset your password on your MyLowesBenefits website.
Lowes Employee Benefits – MyLowesbenefits.com
Health Benefits
Eligibility – After 89 consecutive days of continuous work, regular full-time employees.
- Medical Plans
- Prescription Drug Plan
- Dental High Plan
- Dental Low Plan
- Vision High Plan
- Vision Low Plan
- My Life Track Health and Wellness Benefits
Life Insurance Benefits
Basic Term Life Insurance
The employees working by the hour work by an hour were paid the base annual salary in one lump sum that was rounded to the nearest $1000; the maximum is $500,000.
Salary Employees received one year’s base pay and rounded by $1,000, and a maximum of $250,000.
Hourly Employee Term Life Insurance
The maximum coverage for employees is $10,000. Participants who are enrolled in the Basic or Supplemental Term Life Options aren’t covered under this plan.
Dependent Term Life Insurance
- $25,000 to $250,000* for a spouse
- $5,000 to $20,000 for children
Business Travel Accident Insurance
It is a Lowe’s Benefit that gives an employee the chance to relive their life. If an employee is killed in the course of an accident conducting business for the company, the employee will be compensated by insurance.
Supplemental Term Life Insurance
- Maximum Payout $3,000,000. Eight times to one-half annual base pay adjusted to the closest $1,000.
- Insurance proof is required when the amounts exceed 3 times the basic salary, or $500,000.
Accidental Death and Dismemberment Insurance
Coverage is available for up to $1,000,000. Coverage amounts cannot exceed 10 times your base salary.
Income Protection Benefits
Basic Sick Pay
A total of six (48 hours) of sick time is accrued every year. (48 hours) of sick time accumulates each year.
It’s up to you. The sky’s the limit to the number of days off that can redeem. These days are a way to celebrate either the adoption or birth date of children.
Long-Term Disability Insurance
- This plan covers long-term disability income.
- The Plan pays qualifying employees a monthly benefit of:
- After 90 days of continuous disability, salaried employees receive 60% of base pay and a management incentive of up to $25,000 per month.
- – For hourly workers, 60% of basic pay plus a management bonus of up to $20,000 per month after 90 days of continuous disability.
Short-Term Disability Insurance
- Full-time hourly employees receive the benefit on the 15th day of a recognized continuous disability or after using basic sick pay hours, whichever comes first.
- Full-time salaried employees receive the benefit after three days of continuous disability and baseline sick pay hours.
- Retroactive to the first day if no basic sick pay hours are available.
- Full-time hourly workers earn 60% of their base income, up to $4,615 per week, in benefits.
- Full-time salaried workers get 100% of their weekly basic pay.
Retirement Benefits
401 (k) Plan
- Lowe’s 401(k) Plan helps employees plan and invest for the future.
- Payroll deduction lets employees pretax save 1% to 50% of eligible compensation, up to $18,000 per year.
- Lowe’s matches 100% of the first 3% of employee savings each pay week.
- If employees save 6%, the Company Match will be 4.25 percent if they save 4% to 6% of the eligible salary.
Stock Purchase Plan
- Lowe’s Share Acquire Plan lets employees buy ordinary stock at a 15% discount.
- The Plan allows payroll deductions of up to 20% of base pay after taxes from participants.
Time Off Benefits
Vacation
All full-time and part-time employees after 180 days.
Holiday
Lowe’s typically offers six paid vacation days:
- The Christmas and Thanksgiving holidays Christmas is carved in stone.
- Full-time workers will get eight hours of holiday pay for each set holiday.
- Part-time workers will get holiday pay for four hours.
- Employees can also earn up to four more “floating” holidays, which they can use on any day they want.
- Part-time workers earn 4 hours of time each day.
- while full-time workers get paid for 8 hours a day.
MyLowes Benefits Pricing – How to View Benefit Plans
To view your benefit plans for MyLowes Benefits Pricing, you can follow these steps:
- Go to the MyLowes Benefits Pricing website.
- Log in to your account using your username and password.
- Log in to see your benefit plans and price.
Basic Term Life Insurance
The employees working by the hour work by an hour were paid the base annual salary in one lump sum that was rounded to the nearest $1000; the maximum is $500,000.
Salary Employees received one year’s base pay and rounded by $1,000, and a maximum of $250,000.
Hourly Employee Term Life Insurance
The maximum coverage for employees is $10,000. Participants who are enrolled in the Basic or Supplemental Term Life Options aren’t covered under this plan.
Dependent Term Life Insurance
- $25,000 to $250,000* for a spouse
- $5,000 to $20,000 for children
Business Travel Accident Insurance
It is a Lowe’s Benefit that gives an employee the chance to relive their life. If an employee is killed in the course of an accident conducting business for the company, the employee will be compensated by insurance.
Supplemental Term Life Insurance
- Maximum Payout $3,000,000. Eight times to one-half annual base pay adjusted to the closest $1,000.
Insurance proof is required when the amounts exceed 3 times the basic salary, or $500,000.
Accidental Death and Dismemberment Insurance
Coverage is available for up to $1,000,000. Coverage amounts cannot exceed 10 times your base salary.
Income Protection Benefits
Basic Sick Pay
A total of six (48 hours) of sick time is accrued every year. (48 hours) of sick time accumulates each year.
It’s up to you. The sky’s the limit to the number of days off that can redeem. These days are a way to celebrate either the adoption or birth date of children.
Long-Term Disability Insurance
- This plan covers long-term disability income.
- The Plan pays qualifying employees a monthly benefit of:
- After 90 days of continuous disability, salaried employees receive 60% of base pay and a management incentive of up to $25,000 per month.
- – For hourly workers, 60% of basic pay plus a management bonus of up to $20,000 per month after 90 days of continuous disability.
Short-Term Disability Insurance
- Full-time hourly employees receive the benefit on the 15th day of a recognized continuous disability or after using basic sick pay hours, whichever comes first.
- Full-time salaried employees receive the benefit after three days of continuous disability and baseline sick pay hours.
- Retroactive to the first day if no basic sick pay hours are available.
- Full-time hourly workers earn 60% of their base income, up to $4,615 per week, in benefits.
- Full-time salaried workers get 100% of their weekly basic pay.
What is Lowe’s Benefit Hub?
It is the Lowe’s Benefits Hub can describe as an online platform through which Lowe’s employees can manage and access their benefits for employees.
Accessible anytime, anywhere using the laptop you have or your mobile device. It gives you a personal dashboard with tools for enrollment and eligibility as well as health and wellness sources, retirement planning tools as well as communication and support tools.
Overall, it’s a fantastic source for employees of Lowe’s for managing benefits, and make plans in the near future.
Lowes Other Perks
- Health Savings Account (HSA)
- Flexible Spending Account (FSA)
- Critical Illness Plan
- Off-the-Job Accident Plan
- Fixed Indemnity Plan
- Auto & Home Insurance
- Tuition Reimbursement Program
- Discount Tuition Program
- Preventive Health Plans for Part-Time Employees
- Part-Time Employees Dental Plan
- Part-Time Employees Vision Plan
- Part-Time Employees Short-Term Disability Plan
- Part-Time Employees Life Insurance Plan
About Lowe’s
Lowe’s Companies, Inc. It is an American retailer specializing in home improvement.
United States and Canada. At the time of writing, February 20, 2021, Lowe’s, along with its affiliated businesses, operates 2197 hardware and home improvement stores across North America.
Lowe’s is the second largest hardware retailer in the United States (previously the largest in the U.S. until surpassed by The Home Depot in 1989), ahead of rivals The Home Depot and ahead of Menards.
Contact Details
Customer Care: 1 (800) 445-6937
North: 1-877-505-4923
South: 1-888-516-1010
West:1-877-695-7664
Official website: MyLowesBenefits.com
Conclusion
Did you learn something new about Lowe’s Benefits & Login from this article? Please post a comment in the space provided below.
If you work for Lowe’s Company now or in the past, you may also discuss some of your experiences there.
FAQs
My Lowe’s Benefits is a program provided by Lowe’s to offer eligible employees various benefits, including benefits for health insurance and retirement and discounts for employees.
My Lowe’s Benefits can join online or by calling 1-844-HRLOWES (1-844-475-6937).
My Lowe’s Benefits offers an array of benefits that include dental, medical, health insurance for vision, insurance on life retirement plans for disabled people employee discounts, and many more.
You can log into the details of your My Lowe’s Benefits account through the Lowe’s Benefits Center website or by calling the My Lowe’s Benefits Center.
Yes, you are able to modify your choices for benefits in the period of open enrollment time which typically happens each year. It is also possible to alter your benefits choices during open enrollment when you have an event that is contemplating life-changing that is a divorce, marriage as well as the birth of an infant.
The process of making the claim for a benefit is different based on the type of benefit. Find information about how to file an application within your benefits plan’s documentation or by contacting My Lowe’s Benefits Center.
The Lowe’s Employee Aid Program (EAP) is a private aid and counseling service that helps employees and family members deal with personal or professional problems.
Sure, My Lowe’s Benefits offers medical insurance plans, including plans that cover preventive healthcare as well as prescription drugs and other medical treatments.